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India likely to get third power exchange owned by PTC, BSE by year end

India likely to get third power exchange owned by PTC, BSE by year end
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Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, according to the CERC order issued on Wednesday.
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NSE
NEW DELHI: Power regulator Central Electricity Regulatory Commission (CERC) has approved registration to
PTC, BSE and ICICI Bank-led Pranurja Solution Ltd to start the country s third power exchange. Senior officials in the company said the exchange is likely to be operationalised by this year-end.
The other two power exchanges are
The commencement of operation of the power exchange is subject to approval of the bye-laws, rules, and business rules and the technology including trading software in accordance with various provisions of the Power Market Regulations (PMR) 2010. Pranurja Solutions had submitted the draft rules and bye-laws at the time of filing the petition, accordin ....

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India's First-Ever Lithium Refinery Promises To Strengthen Country's Electric Vehicle, Battery Push

Indiaâs First-Ever Lithium Refinery Promises To Strengthen Countryâs Electric Vehicle, Battery Push
by Swarajya Staff - Feb 18, 2021 08:09 AM
Lithium is in significant, rising demand for its use in the development of electric vehicles and batteries.
Snapshot
With lithium demand gaining steam globally, India is on course to get its first-ever lithium refinery.
Gujarat is set to play host to the plant for the pertinent advantages it is said to offer.
Indiaâs discovery of local lithium deposits has stirred considerable interest in the new year.
For its lithium battery needs, India was relying on imports from China, Hong Kong, and Vietnam over the years. ....

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Explained | Lithium, Its Importance In EV Batteries, Where India Is Placed And The China Factor

Explained | Lithium, its importance in EV batteries, where India is placed and the China factor
All the essential questions about lithium and why the commodity is so vital to the electric vehicle space answered.
February 10, 2021 / 06:16 PM IST
An electric vehicle can have 5,000 battery cells and an EV could need 10 kg of lithium.
Lithium is one of two commodities cobalt being the other that has gained the most since the beginning of 2021 on strong demand from the electric vehicles (EV) sector.
According to the
Trading Economics website, lithium has gained 41 percent since January 1. Based on the Chinese spot prices for lithium carbonate, which is used in making lithium batteries, the metal is quoted at 65,500 Chinese yuan (Rs 7.40 lakh) a tonne. ....

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India's first lithium refinery to be set up in Gujarat

India's first lithium refinery to be set up in Gujarat
jagranjosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jagranjosh.com Daily Mail and Mail on Sunday newspapers.

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Gujarat: State to host India's first Lithium refinery | India News,The Indian Express

Gujarat: State to host India’s first Lithium refinery
The proposed project is expected to help Gujarat secure the raw material supply for domestic manufacturing of Lithium batteries as it looks to promote electric vehicles.
Updated: December 25, 2020 3:40:35 am
TDS Lithium-Ion Battery Gujarat Private Ltd is India’s first Lithium-ion battery manufacturing plant in Gujarat. (Representational)
India’s first Lithium refinery which will process Lithium ore to produce battery-grade material will be set up in Gujarat, state government officials said.
Manikaran Power Limited, one of the country’s largest power trading and renewable energy company will be investing over Rs 1,000 crore to set up this refinery, MK Das, Additional Chief Secretary to Chief Minister Vijay Rupani told The Indian Express on Thursday. ....

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